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Archive for November, 2009

If my family files for bankruptcy,will i still be able to get a student loan?

November 30th, 2009
Sami baby ☮ asked:


My dad recently lost his jub due to the economy and i’m supposed to be going to college next fall. They basically have no money saved up for me and i dont either. I was relying on taking on a student loan but im not sure if i need a cosigner, and if i do, how can i if my parents file for bankruptcy? p.s. they would be the only ones who can cosign.

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What is the Canada Student Loan and Alberta Student loan interest rates?

November 30th, 2009
SexyBeast asked:


Hey

As the title asks, I am simply wondering what the interest rate is on Canada and Alberta students loans. An approximation is all that’s needed for each. Thanks,

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is it a good idea or to take out a student loan to buy a car?

November 30th, 2009
senior beisbol asked:


i need a car, but dont really have the funds to buy a half decent one. also, i live about 8 hours away from school and will be driving back and forth during breaks. so is it a good or bad idea to increase my student loan by a few thousand dollars for one term in order to get a car?

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Should I borrow excess student loan to pay high interest credit card debt now?

November 28th, 2009
Mark M asked:

I am a graduate student and I am 33 years old. The only information I can locate is geared towards young students. I have a crippling amount of credit card debt but I am currently enrolled in a graduate program and I am eligible for enough excess student loan money to pay off the credit card debt. I realize this is simply “moving debt” but student loans are far more forgiving, can be delayed until after I graduate, and carry only a fraction of the interest rate. Why would I not borrow the maximum allowable amount on a student loan, and apply it towards high interest credit card debts now? Anyone have any ideas? Much appreciated!

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Can my parents use my student loan interest as a deduction? Also another question about this?

November 27th, 2009
Jungle Princess asked:


My mom has been paying my student loan. I went to use the interest deduction on my taxes but it didn’t change anything at all as I had made too little. Then I found out (if I am correct) that my mom can actually can use the interest as a deduction on her own taxes? I wanted her to be able to use it this year. Since it didn’t change anything at all on my taxes can she still use it?

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Can I use a student loan to buy a car?

November 26th, 2009
lil’bit asked:


I want to go to school in the summer, everything will already be taken care of as far as books and everything…. just need a car to go to and from school would i be able to buy a car with a student loan? if so what is a good website i can go to?

ronniet Financial Aid , ,

Where to get a private student loan?

November 25th, 2009
majax79 asked:


Sallie Mae’s Tuition Answer in no more, so is there anywhere left to get a private student loan that goes directly to the student?

This is for the upcoming Spring semester.

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What kind of private student loan?

November 25th, 2009

Where I can post an ad in search of a co-signer for my intl student loan?

November 25th, 2009

Student Loan Question – Please Clarify this for me?

November 24th, 2009
Jon L asked:

I currently owe 14k in Sallie Mae student Loans. All payments are current, never a single late payment. Will This loan affect my rebate?

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